Katherine
@keccers.eth
Sling looks awesome, the most consumer friendly thing I’ve seen out of crypto in a long time Is Solana 🔑 to Sling’s user friendliness? Like, is there any reason this isn’t on Base (other than having to have higher txn fees) https://www.youtube.com/watch?v=VHnhWXbcBEE
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Chukwuka Osakwe
@chukwukaosakwe
Guy starts by saying this could only be possible on Solana, I sit up and listen hoping he's not wildly exaggerating.
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Katherine
@keccers.eth
My (extremely limited) understanding is that the way Solana handles validation allows it to have way cheaper txn fees. Unclear exactly how much cheaper and if this is the only thing drawing amazing consumer builders to the space. I’ve not seen anything comparable on anything ETH tho
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Nick Ducoff
@stoic
Wayyy cheaper https://usa.visa.com/solutions/crypto/deep-dive-on-solana.html
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Katherine
@keccers.eth
WOW 🤯
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tldr (tim reilly)
@tldr
But comes with a big decentralization trade off. A couple orders of magnitude less # of unique validators than ETH. Highly susceptible to attack.
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Nick Ducoff
@stoic
Um no, you’re misinformed (this slide is a little of date but directionally accurate)
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nybble
@felix
i think this is a hazy subject, I'm no expert, but I think ethereum suffers from a small number of operators running a large number of validators (the liquid stake services). one of solana's biggest issues is just a single validator codebase, but I believe a new and more efficient one is around the corner. /shrug
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